There was a real estate investor or maybe it was a realtor in Florida talking about FNMA Flip and the policy that FNMA had with Flips in Florida. The FNMA MyCommunity Mortgage loan was the subject of the short sale. The short sale was purchased with a FNMA loan. The FNMA oan was flipped in a FNMA flip transaction.
There have been FNMA flips for a long time in Florida. This is nothing new. What is new is that now we know the FNMA flipping rules for short sale investing. This is how FNMA short sale underwriters views this type of transaction and I just thought it was helpful.
Examining FNMA Flips with short salleing of real estate. That is the Federal National Mortgage Association for those of you who don't know.
Showing posts with label bay short sale florida. Show all posts
Showing posts with label bay short sale florida. Show all posts
Saturday, July 19, 2008
Saturday, June 28, 2008
Finding Fun Short Sales in Bay County Florida
Take a look around bay county these days and wwhat do you see? SHORT SALES OF REAL ESTATE..in Bay County Florida, that's about it.
I was having a walk around the beach in Panama City and I saw the short sale on teh corner lot that was a foreclosure twice. It had a lis pendens in Bay County Florida and I said "Wait a second!" and then I said "Where is the short sale of real estate in Florida?".
As I was saying that, a real estate salesperson in bay county or panama city florida drove away with my short sale. The license plate said Bay County Real Estate and short sale investor. Or maybe that was the bumper sticker but you get the idea. The idea is that there are a lot of short sale properties in Bay County Florida.
Florida real estate in Bay County is available for sale. The bankupt home builders in panama City Florida have abandoned the homes and now they are all short sales of real estate.
Florida real estate for sale. REAL ESTATE IS FOR SALE!!! So BUY AND SELL HOMES please!
I was having a walk around the beach in Panama City and I saw the short sale on teh corner lot that was a foreclosure twice. It had a lis pendens in Bay County Florida and I said "Wait a second!" and then I said "Where is the short sale of real estate in Florida?".
As I was saying that, a real estate salesperson in bay county or panama city florida drove away with my short sale. The license plate said Bay County Real Estate and short sale investor. Or maybe that was the bumper sticker but you get the idea. The idea is that there are a lot of short sale properties in Bay County Florida.
Florida real estate in Bay County is available for sale. The bankupt home builders in panama City Florida have abandoned the homes and now they are all short sales of real estate.
Florida real estate for sale. REAL ESTATE IS FOR SALE!!! So BUY AND SELL HOMES please!
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